Business Climate and Economy

Nigeria, USA annual trade hits $10bn — Official
October 25, 2024

The Consul-General of the United States Consulate in Lagos, Nigeria, Will Stevens, has said that Nigeria...

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IMF: Nigeria’s Economy To Grow By 3.2% In 2025
October 25, 2024

Nigeria’s economy is projected to expand by 3.2 per cent in 2025, while inflation is estimated...

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Nigeria Takes Delivery Of N59.2bn Worth Of Gas Cylinders
October 25, 2024

Lagos Port is expected to take delivery of 2.29 million units of 12.5 kilogrammes of LPG...

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Customs Exceeds Revenue By 25.2% In 9 Months, Generates N4.29trn
October 25, 2024

The Nigeria Customs Service (NCS) has exceeded its revenue generation by 25.2 per cent from $2...

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Electricity Tariff: 85.2% of households in Nigeria are still on estimated billing – Report
October 25, 2024

A new report by the National Bureau of Statistics (NBS) reveals that 85.2% of Nigerian households...

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Nigeria on course to lead Africa in open banking – Uzoma Dozie
October 24, 2024

The Founder and Chief Executive Officer of Sparkle, a Nigerian digital bank, Dozie Uzoma, has said...

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Business Council commits to improved trade relations between Nigeria, India
October 24, 2024

He emphasised the council’s role in nurturing business and investment connections between the two countries, aimed...

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Generational wealth: The story of Nigeria’s family businesses
October 24, 2024

Family businesses have become part of Nigeria’s ecosystem. According to Moniepoint, they account for about 50...

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Nigeria Needs $135bn To Decarbonize Power Sector By 2060’ – Nwanze
October 17, 2024

The Executive Director, Heirs Energies Limited, Samuel Nwanze, has opined that Nigeria needs approximately $135 billion...

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Lagos startup ecosystem now worth over $9 billion – Tunbosun Alake
October 17, 2024

Lagos State Commissioner for Innovation, Science, and Technology, Tunbosun Alake, has said that the tech startup...

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Africa needs $194 billion financing annually to meet 2030 SDGs – UNGA President
October 17, 2024

The African continent needs $194 billion in additional financing annually to meet the Sustainable Development Goals...

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Export Surges 407% To N1.96trn At Offdock Terminal
October 17, 2024

Goods valued at $1.23 billion were shipped out of Lagos ports between January and September 2024...

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